Interconnectedness between Supply Chain Resilience, Industry 4.0, and Investment

<i>Background:</i> As industry and society move towards the second decade of the deluge of advanced technologies of the Industry 4.0 (I4.0) age, introduced circa 2012, it is evident that the global economy continues to grapple with a plethora of ever-intensifying disruptions and vulnerab...

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Main Authors: Adnan Al-Banna, Zaid Ashraf Rana, Mohammed Yaqot, Brenno Menezes
Format: Article
Language:English
Published: MDPI AG 2023-08-01
Series:Logistics
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Online Access:https://www.mdpi.com/2305-6290/7/3/50
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author Adnan Al-Banna
Zaid Ashraf Rana
Mohammed Yaqot
Brenno Menezes
author_facet Adnan Al-Banna
Zaid Ashraf Rana
Mohammed Yaqot
Brenno Menezes
author_sort Adnan Al-Banna
collection DOAJ
description <i>Background:</i> As industry and society move towards the second decade of the deluge of advanced technologies of the Industry 4.0 (I4.0) age, introduced circa 2012, it is evident that the global economy continues to grapple with a plethora of ever-intensifying disruptions and vulnerabilities that inflict unexpected and uncontrolled damages on multiple organizational processes. These circumstances demand significant paradigm shifts, placing supply chain resilience (SCR) in the foreground of boardrooms and agendas of executive meetings. <i>Method:</i> This paper presents a bibliometric analysis of selected articles that examine the intricate interplay of I4.0 and SCR under investment constraints. Employing a funnel approach, this study delves deeper into about a hundred papers that were initially selected from a pool of approximately four thousand publications on SCR. The study thoroughly analyzes the interconnection between SCR, I4.0, and investment (INV) while classifying these articles in a structured manner, based on industry type and focus. <i>Results:</i> The primary aim of the paper is to identify trends, gaps, and potential opportunities for future research on the SCR-I4.0-INV interplays. <i>Conclusions:</i> The findings reveal that industries are converging towards the implementation of digital technologies as a strategic move to tackle unexpected, unplanned, and undesired situations. This research illuminates the needs for organizations to prioritize supply chain resilience in the face of disruptions and vulnerabilities while highlighting the potential of digital technologies to enhance their resilience, therefore ensuring sustainable growth.
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spelling doaj-art-ff68e6e14738409bb5abde9a600ce4572025-08-20T02:49:49ZengMDPI AGLogistics2305-62902023-08-01735010.3390/logistics7030050Interconnectedness between Supply Chain Resilience, Industry 4.0, and InvestmentAdnan Al-Banna0Zaid Ashraf Rana1Mohammed Yaqot2Brenno Menezes3Division of Engineering Management and Decision Sciences, College of Science and Engineering, Hamad Bin Khalifa University, Qatar Foundation, Doha P.O. Box 34110, QatarSindh Engro Coal Mining Company, Karachi 75600, PakistanDivision of Engineering Management and Decision Sciences, College of Science and Engineering, Hamad Bin Khalifa University, Qatar Foundation, Doha P.O. Box 34110, QatarDivision of Engineering Management and Decision Sciences, College of Science and Engineering, Hamad Bin Khalifa University, Qatar Foundation, Doha P.O. Box 34110, Qatar<i>Background:</i> As industry and society move towards the second decade of the deluge of advanced technologies of the Industry 4.0 (I4.0) age, introduced circa 2012, it is evident that the global economy continues to grapple with a plethora of ever-intensifying disruptions and vulnerabilities that inflict unexpected and uncontrolled damages on multiple organizational processes. These circumstances demand significant paradigm shifts, placing supply chain resilience (SCR) in the foreground of boardrooms and agendas of executive meetings. <i>Method:</i> This paper presents a bibliometric analysis of selected articles that examine the intricate interplay of I4.0 and SCR under investment constraints. Employing a funnel approach, this study delves deeper into about a hundred papers that were initially selected from a pool of approximately four thousand publications on SCR. The study thoroughly analyzes the interconnection between SCR, I4.0, and investment (INV) while classifying these articles in a structured manner, based on industry type and focus. <i>Results:</i> The primary aim of the paper is to identify trends, gaps, and potential opportunities for future research on the SCR-I4.0-INV interplays. <i>Conclusions:</i> The findings reveal that industries are converging towards the implementation of digital technologies as a strategic move to tackle unexpected, unplanned, and undesired situations. This research illuminates the needs for organizations to prioritize supply chain resilience in the face of disruptions and vulnerabilities while highlighting the potential of digital technologies to enhance their resilience, therefore ensuring sustainable growth.https://www.mdpi.com/2305-6290/7/3/50digital supply chain resilienceIndustry 4.0investmentbibliometric
spellingShingle Adnan Al-Banna
Zaid Ashraf Rana
Mohammed Yaqot
Brenno Menezes
Interconnectedness between Supply Chain Resilience, Industry 4.0, and Investment
Logistics
digital supply chain resilience
Industry 4.0
investment
bibliometric
title Interconnectedness between Supply Chain Resilience, Industry 4.0, and Investment
title_full Interconnectedness between Supply Chain Resilience, Industry 4.0, and Investment
title_fullStr Interconnectedness between Supply Chain Resilience, Industry 4.0, and Investment
title_full_unstemmed Interconnectedness between Supply Chain Resilience, Industry 4.0, and Investment
title_short Interconnectedness between Supply Chain Resilience, Industry 4.0, and Investment
title_sort interconnectedness between supply chain resilience industry 4 0 and investment
topic digital supply chain resilience
Industry 4.0
investment
bibliometric
url https://www.mdpi.com/2305-6290/7/3/50
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AT zaidashrafrana interconnectednessbetweensupplychainresilienceindustry40andinvestment
AT mohammedyaqot interconnectednessbetweensupplychainresilienceindustry40andinvestment
AT brennomenezes interconnectednessbetweensupplychainresilienceindustry40andinvestment